Pac Team opens first US factory
Located in Chicago, the Swiss company’s new facility will help its North American customers with a need for custom projects and on-site support as well as those working on short timelines.
Sales tax fairness resurfaces in Senate
After being passed by the Senate in 2013 but stumbling in the House, a bill designed to force online-only retailers to collect sales tax in every state is back.
Assets of jewelry distributor to be sold
A sale is set for equipment and other assets from defunct jewelry company Lia Sophia’s Ontario distribution center as well its headquarters and facility in Illinois.
Target cuts 3,100 jobs
Target Corp. is laying off 1,700 employees and letting 1,400 positions go unfilled as it restructures to focus on digital, smaller-format stores and personalization.
Blue Nile eyes Indian market
The e-tailer has signed a deal with Indian manufacturer PC Jeweller, establishing a partnership that will help Blue Nile evaluate jewelry demand in India.